Buying or Selling a Home/4 sale buy owner question

Advertisement


Question
is it ok to have a home inspection on a 4 sale buy owner before a contract. i don't have an agent and don't want to be tied to any big fixes no matter what.

Answer
Hey, Adam.

Absolutely! The problem you might run into is that many sellers, regardless of whether it is a FSBO (for sale by owner) or a listing agent involved, won't let someone on their property for such an inspection until there is a signed purchase contract. So "before a contract" might be problematic. But that certainly shouldn't prevent you from asking, especially with a FSBO. You can try to educate the seller to the effect that knowing the condition of the property will be best for you and him so that there are no contentious negotiations if there are problems that you don't want to deal with.

Buying or Selling a Home

All Answers


Answers by Expert:


Ask Experts

Volunteer


Russel Ray

Expertise

Through home inspections, I provide an education about real estate. I'm one of those rare home inspectors who has been involved in real estate in many different capacities: as a Realtor (in Texas), as a property investor/flipper, as a teacher, and as a marketing expert (for Realtors and home inspectors). I believe that my experience as a Realtor and property investor provides me with a different viewpoint about home inspections in that I work for my Clients, but when there are other people involved in helping my Clients, then I firmly believe in helping them, too. That includes Realtors (both the seller's and the buyer's), repair professionals (e.g., plumbers, electricians, etc.). If I can get all the players (seller, seller's Realtor, buyer, buyer's Realtor, and repair professionals) playing in the same sandbox together to accomplish goals as a TEAM (Together Everyone Accomplishes More), then I believe I have succeeded in my job as a home inspector. My profession is, in my opinion, much more than simply documenting the condition of a property and then take the money and run. I am also a rare breed in that I don't believe that one inspection fits the needs of all Clients, and I have led the industry in understanding that fact. For example, the goals of a property investor are far different than the goals of someone buying a property to live in. The goals of a seller (a pre-listing inspection) are far different than the goals of a buyer (a pre-purchase inspection). To that end, I offer 14 different types of inspections, e.g., STANDARD, LIST, RENTER, BASIC, MAINTENANCE, SPOT, and more. I believe in giving the benefit of the doubt to all professionals in whatever industry they represent until they prove me wrong.

Experience

Over 42 years in all aspects of real estate--building homes, renovating homes, inspecting homes, Realtor.

Organizations
National Association of Certified Home Inspector, Better Business Bureau of San Diego

Education/Credentials
Graduate of Texas A&M University; College Station, Texas

©2012 About.com, a part of The New York Times Company. All rights reserved.